Caxton Associates LLP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 17, 2025), Caxton Associates LLP reported 669 stock positions worth $3.6 billion. Its top holding was Tesla (TSLA) at 15.6% of the portfolio, followed by Apple (AAPL, 15.0%) and Microsoft (MSFT, 9.8%). Compared with Q2 2025, it opened 296 new positions, sold out of 297, added to 157 and reduced 180. The biggest buy was a new position in Intel (INTC) and the biggest sale MP Materials (MP, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0002051323
- Portfolio Value
- $3.6B (Q3 2025)
- SEC Filing
- 0002051323-25-000025 ↗ filed Nov 17, 2025
Holdings Value
Holdings 669 stocks · $3.6B
| TSLA Tesla Inc. | 15.62% | 1,281,000 | $569.7M | Reduce -29.3% |
| AAPL Apple Inc. | 15.03% | 2,152,518 | $548.1M | Reduce -1.4% |
| MSFT Microsoft Corp. | 9.76% | 687,701 | $356.2M | Reduce -1.5% |
| AMZN Amazon.com Inc. | 9.35% | 1,554,017 | $341.2M | Add +2.5% |
| INTC Intel Corp. | 3.14% | 3,408,822 | $114.4M | New |
| EWW iShares MSCI Mexico ETF | 1.65% | 882,822 | $60.2M | New |
| UEC Uranium Energy Corp. | 1.54% | 4,215,215 | $56.2M | Add +3.0% |
| EWZ iShares MSCI Brazil ETF | 1.40% | 1,647,001 | $51.1M | Add +54.3% |
| CCJ Cameco Corp. | 1.29% | 562,500 | $47.2M | Reduce -3.2% |
| NFLX Netflix Inc. | 1.26% | 38,321 | $45.9M | Add +153.9% |
| K Kellanova | 1.19% | 527,019 | $43.2M | Reduce -25.3% |
| FYBR Frontier Communications Pare | 1.12% | 1,093,846 | $40.9M | No change |
| KWEB Kranesh Csi China Internet | 1.01% | 874,423 | $36.7M | New |
| ADBE Adobe Inc. | 0.89% | 91,596 | $32.3M | Reduce -10.5% |
| TECK Teck Resources Ltd.-CLS B | 0.81% | 675,000 | $29.6M | Add +365.5% |
| META Meta Platforms Inc. Class A | 0.79% | 39,378 | $28.9M | Reduce -54.3% |
| NVDA Nvidia Corp. | 0.76% | 147,858 | $27.6M | Reduce -83.2% |
| EQIX Equinix Inc. | 0.67% | 31,000 | $24.3M | Reduce -0.1% |
| ADSK Autodesk Inc. | 0.61% | 69,760 | $22.2M | Reduce -6.0% |
| ALE Allete Inc. | 0.60% | 327,952 | $21.8M | Reduce -51.3% |
| EEM iShares MSCI Emerging Market | 0.56% | 382,885 | $20.4M | New |
| CME Cme Group Inc. | 0.44% | 60,000 | $16.2M | Reduce -0.1% |
| BA The Boeing Co. | 0.44% | 74,654 | $16.1M | Reduce -83.2% |
| HPE Hewlett Packard Enterprise | 0.42% | 617,219 | $15.2M | Add +244.8% |
| NSC Norfolk Southern Corp. | 0.40% | 48,000 | $14.4M | New |
| COHR Coherent Corp. | 0.38% | 130,000 | $14.0M | New |
| ENB Enbridge Inc. | 0.34% | 249,107 | $12.6M | New |
| TTWO Take-Two Interactive Softwre | 0.31% | 43,898 | $11.3M | Reduce -67.9% |
| INFA Informatica Inc. Class A | 0.30% | 446,600 | $11.1M | No change |
| TMUS T-Mobile US Inc. | 0.30% | 45,613 | $10.9M | Add +2794.2% |
| BWXT BWX Technologies Inc. | 0.30% | 58,926 | $10.9M | Add +1568.3% |
| MEDP Medpace Holdings Inc. | 0.29% | 20,804 | $10.7M | New |
| GE General Electric filed as GE AEROSPACE | 0.29% | 35,136 | $10.6M | Reduce -11.4% |
| ORCL Oracle Corp. | 0.29% | 37,171 | $10.5M | Add +14.4% |
| SHLD Global X Defense Tech ETF | 0.28% | 147,355 | $10.4M | New |
| DASH DoorDash Inc. Class A | 0.28% | 36,963 | $10.1M | Reduce -12.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.27% | 91,438 | $10.0M | New |
| MS Morgan Stanley | 0.27% | 61,636 | $9.8M | New |
| AMAT Applied Materials Inc. | 0.26% | 45,579 | $9.3M | Add +178.3% |
| MU Micron Technology Inc. | 0.25% | 55,252 | $9.2M | Reduce -76.1% |
| LRCX Lam Research Corp. | 0.25% | 67,229 | $9.0M | Reduce -69.3% |
| IPG Interpublic Group of Cos Inc. | 0.24% | 313,202 | $8.7M | No change |
| LITE Lumentum Holdings Inc. | 0.23% | 52,254 | $8.5M | New |
| UNH Unitedhealth Group Inc. | 0.23% | 24,273 | $8.4M | New |
| TLN Talen Energy Corp. | 0.23% | 19,554 | $8.3M | New |
| GNW Genworth Financial Inc. | 0.22% | 894,800 | $8.0M | Add +59.0% |
| Z Zillow Group Inc. Class C | 0.21% | 100,000 | $7.7M | New |
| PARR Par Pacific Holdings Inc. | 0.20% | 203,743 | $7.2M | Add +57.6% |
| GM General Motors Co. | 0.20% | 117,292 | $7.2M | Reduce -1.7% |
| VRSN Verisign Inc. | 0.19% | 24,956 | $7.0M | Reduce -23.4% |
| RKT Rocket Cos Inc. Class A | 0.19% | 357,726 | $6.9M | Add +112.5% |
| PBF PBF Energy Inc. Class A | 0.18% | 212,964 | $6.4M | Reduce -24.6% |
| NEM Newmont Corp. | 0.18% | 75,745 | $6.4M | Add +514.9% |
| JXN Jackson Financial Inc. Class A | 0.17% | 60,326 | $6.1M | Add +26.5% |
| APP AppLovin Corp. Class A | 0.17% | 8,410 | $6.0M | Reduce -19.5% |
| FSK FS KKR Capital Corp. | 0.17% | 403,194 | $6.0M | Add +135.9% |
| PFGC Performance Food Group Co. | 0.16% | 55,789 | $5.8M | New |
| TDG Transdigm Group Inc. | 0.16% | 4,393 | $5.8M | Reduce -2.5% |
| EPRT Essential Properties Realty | 0.14% | 175,851 | $5.2M | Add +1156.4% |
| XME SS SPDR S&P Metals Mining | 0.14% | 55,426 | $5.2M | New |
| ARVN Arvinas Inc. | 0.14% | 604,785 | $5.2M | Add +102.9% |
| MRK Merck & Co. Inc. | 0.14% | 60,945 | $5.1M | Add +54.6% |
| TDY Teledyne Technologies Inc. | 0.14% | 8,697 | $5.1M | New |
| VTRS Viatris Inc. | 0.14% | 513,589 | $5.1M | Add +93.7% |
| EPR Epr Properties filed as EPR PPTYS | 0.14% | 87,355 | $5.1M | Add +163.1% |
| CORZ Core Scientific Inc. | 0.14% | 281,992 | $5.1M | New |
| CRK Comstock Resources Inc. | 0.14% | 254,712 | $5.1M | New |
| EME Emcor Group Inc. | 0.14% | 7,725 | $5.0M | New |
| FE Firstenergy Corp. | 0.14% | 109,272 | $5.0M | New |
| SHOP Shopify Inc. Class A | 0.14% | 33,610 | $5.0M | Reduce -70.8% |
| UNFI United Natural Foods Inc. | 0.13% | 130,234 | $4.9M | Add +36.9% |
| RITM Rithm Capital Corp. | 0.13% | 427,921 | $4.9M | Add +12.3% |
| ELF Elf Beauty Inc. | 0.13% | 36,433 | $4.8M | New |
| PLTR Palantir Technologies Inc. Class A | 0.13% | 26,365 | $4.8M | Reduce -36.0% |
| TPC Tutor Perini Corp. | 0.13% | 72,791 | $4.8M | Add +5.5% |
| MA Mastercard Inc. Class A | 0.13% | 8,331 | $4.7M | Reduce -14.5% |
| RKLB Rocket Lab Corp. | 0.12% | 90,002 | $4.3M | Reduce -17.1% |
| TTMI TTM Technologies | 0.12% | 73,270 | $4.2M | Add +214.8% |
| CAR Avis Budget Group Inc. | 0.12% | 26,229 | $4.2M | Reduce -4.2% |
| BKNG Booking Holdings Inc. | 0.11% | 776 | $4.2M | Add +71.7% |
| SEDG Solaredge Technologies Inc. | 0.11% | 110,141 | $4.1M | New |
| PCAR Paccar Inc. | 0.11% | 41,248 | $4.1M | Add +189.4% |
| WBD Warner Bros Discovery Inc. | 0.11% | 203,467 | $4.0M | New |
| JEF Jefferies Financial Group Inc. | 0.11% | 60,456 | $4.0M | Add +67.9% |
| GDDY GoDaddy Inc. Class A | 0.11% | 28,861 | $3.9M | Add +55.2% |
| URA Global X Uranium ETF | 0.11% | 82,180 | $3.9M | New |
| CALM Cal-Maine Foods Inc. | 0.11% | 41,397 | $3.9M | New |
| NXST Nexstar Media Group Inc. | 0.11% | 19,553 | $3.9M | No change |
| M Macy's Inc. | 0.10% | 211,696 | $3.8M | Add +8.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.10% | 115,696 | $3.8M | Add +54.3% |
| MPT Medical Properties Trust Inc. | 0.10% | 742,726 | $3.8M | Add +20.2% |
| COIN Coinbase Global Inc. Class A | 0.10% | 11,000 | $3.7M | Reduce -69.4% |
| MLCO Melco Resorts & Entert-ADR | 0.10% | 400,959 | $3.7M | New |
| MSI Motorola Solutions Inc. | 0.10% | 7,909 | $3.6M | Add +24.8% |
| SOFI Sofi Technologies Inc. | 0.10% | 136,811 | $3.6M | Add +900.4% |
| NOG Northern Oil and Gas Inc. | 0.10% | 144,772 | $3.6M | Reduce -1.1% |
| ENVA Enova International Inc. | 0.10% | 31,129 | $3.6M | Add +50.5% |
| PK Park Hotels & Resorts Inc. | 0.10% | 322,444 | $3.6M | Add +962.6% |
| SPR Spirit Aerosystems Hold Class A | 0.10% | 91,523 | $3.5M | Reduce -27.5% |
| EOSE Eos Energy Enterprises Inc. | 0.10% | 309,156 | $3.5M | New |
Options reported separately and not counted above: SPY puts ($466.3M), SNDK puts ($33.7M), SMH puts ($32.6M), K puts ($28.7M), WBD puts ($23.4M).
Portfolio Sells Q2 2025 → Q3 2025
| MP MP Materials Corp. | Reduce -99.2% | 0.06% | −3.35 |
| NVDA Nvidia Corp. | Reduce -83.2% | 0.76% | −2.84 |
| BA The Boeing Co. | Reduce -83.2% | 0.44% | −1.96 |
| HES Hess Corp. | Sold out | 0.00% | −1.22 |
| META Meta Platforms Inc. Class A | Reduce -54.3% | 0.79% | −0.85 |
| CHX Championx Corp. | Sold out | 0.00% | −0.73 |
| AVGO Broadcom Inc. | Reduce -94.7% | 0.05% | −0.72 |
| GOOGL Alphabet Inc. Class A | Reduce -93.2% | 0.06% | −0.55 |
| TTWO Take-Two Interactive Softwre | Reduce -67.9% | 0.31% | −0.55 |
| MRVL Marvell Technology Inc. | Reduce -96.6% | 0.02% | −0.54 |
| ANET Arista Networks Inc. | Reduce -96.2% | 0.03% | −0.53 |
| CIEN Ciena Corp. | Sold out | 0.00% | −0.53 |
| ALE Allete Inc. | Reduce -51.3% | 0.60% | −0.52 |
| MU Micron Technology Inc. | Reduce -76.1% | 0.25% | −0.48 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.43 |
| AMED Amedisys Inc. | Sold out | 0.00% | −0.39 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.39 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.38 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.37 |
| HOOD Robinhood Markets Inc. Class A | Reduce -87.7% | 0.09% | −0.34 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.34 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.32 |
| LRCX Lam Research Corp. | Reduce -69.3% | 0.25% | −0.30 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.29 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.27 |
| K Kellanova | Reduce -25.3% | 1.19% | −0.26 |
| P Everpure Inc. Class A | Sold out | 0.00% | −0.26 |
| COIN Coinbase Global Inc. Class A | Reduce -69.4% | 0.10% | −0.22 |
| SNOW Snowflake Inc. | Reduce -90.5% | 0.02% | −0.22 |
| SHOP Shopify Inc. Class A | Reduce -70.8% | 0.14% | −0.21 |
| FOXA Fox Corp. Class A | Reduce -76.2% | 0.08% | −0.20 |
| SE Sea Ltd.-ADR | Reduce -86.7% | 0.04% | −0.20 |
| EXPE Expedia Group Inc. | Reduce -93.5% | 0.02% | −0.19 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.19 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.19 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.18 |
| TWLO Twilio Inc. Class A | Reduce -80.6% | 0.04% | −0.18 |
| IT Gartner Inc. | Sold out | 0.00% | −0.17 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.16 |
| FICO Fair Isaac Corp. | Reduce -85.4% | 0.02% | −0.16 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.15 |
| SNDK Sandisk Corp. | Sold out | 0.00% | −0.14 |
| EQH Equitable Holdings Inc. | Sold out | 0.00% | −0.14 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.14 |
| ADBE Adobe Inc. | Reduce -10.5% | 0.89% | −0.14 |
| FOUR SHIFT4 Payments Inc. Class A | Sold out | 0.00% | −0.13 |
| CVNA Carvana Co. | Reduce -71.9% | 0.07% | −0.13 |
| MTB M & T Bank Corp. | Sold out | 0.00% | −0.13 |
| TPL Texas Pacific Land Corp. | Sold out | 0.00% | −0.13 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.12 |
Portfolio Buys Q2 2025 → Q3 2025
| INTC Intel Corp. | New | 3.14% | +3.14 |
| EWW iShares MSCI Mexico ETF | New | 1.65% | +1.65 |
| KWEB Kranesh Csi China Internet | New | 1.01% | +1.01 |
| UEC Uranium Energy Corp. | Add +3.0% | 1.54% | +0.82 |
| AMZN Amazon.com Inc. | Add +2.5% | 9.35% | +0.76 |
| NFLX Netflix Inc. | Add +153.9% | 1.26% | +0.74 |
| TECK Teck Resources Ltd.-CLS B | Add +365.5% | 0.81% | +0.66 |
| EWZ iShares MSCI Brazil ETF | Add +54.3% | 1.40% | +0.60 |
| EEM iShares MSCI Emerging Market | New | 0.56% | +0.56 |
| NSC Norfolk Southern Corp. | New | 0.40% | +0.40 |
| COHR Coherent Corp. | New | 0.38% | +0.38 |
| ENB Enbridge Inc. | New | 0.34% | +0.34 |
| HPE Hewlett Packard Enterprise | Add +244.8% | 0.42% | +0.32 |
| MEDP Medpace Holdings Inc. | New | 0.29% | +0.29 |
| TMUS T-Mobile US Inc. | Add +2794.2% | 0.30% | +0.29 |
| BWXT BWX Technologies Inc. | Add +1568.3% | 0.30% | +0.28 |
| SHLD Global X Defense Tech ETF | New | 0.28% | +0.28 |
| BNY Bank of New York Mellon Corp. | New | 0.27% | +0.27 |
| MS Morgan Stanley | New | 0.27% | +0.27 |
| LITE Lumentum Holdings Inc. | New | 0.23% | +0.23 |
| UNH Unitedhealth Group Inc. | New | 0.23% | +0.23 |
| TLN Talen Energy Corp. | New | 0.23% | +0.23 |
| Z Zillow Group Inc. Class C | New | 0.21% | +0.21 |
| AMAT Applied Materials Inc. | Add +178.3% | 0.26% | +0.18 |
| PFGC Performance Food Group Co. | New | 0.16% | +0.16 |
| NEM Newmont Corp. | Add +514.9% | 0.18% | +0.16 |
| XME SS SPDR S&P Metals Mining | New | 0.14% | +0.14 |
| TDY Teledyne Technologies Inc. | New | 0.14% | +0.14 |
| CORZ Core Scientific Inc. | New | 0.14% | +0.14 |
| CRK Comstock Resources Inc. | New | 0.14% | +0.14 |
| EME Emcor Group Inc. | New | 0.14% | +0.14 |
| FE Firstenergy Corp. | New | 0.14% | +0.14 |
| ELF Elf Beauty Inc. | New | 0.13% | +0.13 |
| EPRT Essential Properties Realty | Add +1156.4% | 0.14% | +0.13 |
| RKT Rocket Cos Inc. Class A | Add +112.5% | 0.19% | +0.13 |
| SEDG Solaredge Technologies Inc. | New | 0.11% | +0.11 |
| PARR Par Pacific Holdings Inc. | Add +57.6% | 0.20% | +0.11 |
| WBD Warner Bros Discovery Inc. | New | 0.11% | +0.11 |
| URA Global X Uranium ETF | New | 0.11% | +0.11 |
| CALM Cal-Maine Foods Inc. | New | 0.11% | +0.11 |
| GNW Genworth Financial Inc. | Add +59.0% | 0.22% | +0.11 |
| ORCL Oracle Corp. | Add +14.4% | 0.29% | +0.10 |
| MLCO Melco Resorts & Entert-ADR | New | 0.10% | +0.10 |
| EOSE Eos Energy Enterprises Inc. | New | 0.10% | +0.10 |
| OBDC Blue Owl Capital Corp. | New | 0.10% | +0.10 |
| ANIP Ani Pharmaceuticals Inc. | New | 0.10% | +0.10 |
| SOFI Sofi Technologies Inc. | Add +900.4% | 0.10% | +0.09 |
| VSTS Vestis Corp. | New | 0.09% | +0.09 |
| TTMI TTM Technologies | Add +214.8% | 0.12% | +0.09 |
| HLI Houlihan Lokey Inc. | New | 0.09% | +0.09 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 700,000 | $466.3M |
| SMH Vaneck Semiconductor ETF | call | Sold out | 125,000 | $34.9Mbefore exit |
| SNDK Sandisk Corp. | put | New | 300,000 | $33.7M |
| SMH Vaneck Semiconductor ETF | put | Reduce -20.0% | 100,000 | $32.6M |
| K Kellanova | put | New | 350,000 | $28.7M |
| WBD Warner Bros Discovery Inc. | put | New | 1,200,000 | $23.4M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.